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Foreclosure Homes in Hermleigh, TX

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Hermleigh, TX Foreclosures

How much do homes sell for in Hermleigh, TX?
The average home price is currently $181,814.
In Hermleigh, TX, how many homes are available?
There are currently 12 active home listings available in Hermleigh.
What’s the average rental cost in Hermleigh, TX?
The average rental price in Hermleigh is $952.
What is the most expensive home in Hermleigh?
The most expensive home sold in Hermleigh had a price of $1,350,390.
What is currently the cheapest priced home in Hermleigh, TX?
The cheapest home for sale in Hermleigh is priced at $13,760.

Living in Hermleigh, TX

Hermleigh, TX is a tranquil community ideal for those seeking a relaxing lifestyle away from the hustle and bustle of big cities. Known for its friendly residents and expansive outdoor spaces, Hermleigh offers a unique blend of rural charm and accessibility to nearby towns. Families can enjoy a variety of community events and recreational activities, all while being part of a close-knit small town.

Current Market Conditions in Hermleigh, TX

The real estate market in Hermleigh, TX has shown steady growth over the past few years, attracting investors interested in affordable properties and potential rental income. Home prices remain relatively low compared to larger metropolitan areas, making it an attractive option for first-time homebuyers and investors alike.

As more people seek peaceful living conditions, the demand for homes in Hermleigh is gradually increasing. Investors can benefit from purchasing properties before prices rise further as the area continues to gain popularity.

Home Value Estimator For Hermleigh, TX

There are currently 394 real estate properties in Hermleigh, TX, with a median automated valuation model (AVM) price of $149,993.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hermleigh, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hermleigh, TX, is $181,814.00, with the most expensive house in Hermleigh, TX, topping out at $1,350,390.00 and the cheapest home in Hermleigh, TX, clocking in at $13,760.00. In other words, there’s something for every potential homebuyer or savvy investor in Hermleigh, TX!

Rent Prices In Hermleigh, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hermleigh, TX, is on a rollercoaster ride. The average rent price in Hermleigh, TX, is $952.00. Indeed, when looking to rent in Hermleigh, TX, you can expect to pay as little as $530.00 or as much as $1,920.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Hermleigh, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hermleigh, TX Foreclosures


Market Trend for Hermleigh, TX

Total Listings Available: 12

Market Values:

Home Prices from $13,760 to $1,350,390

Average Sales Price: $181,814

Rental Values:

Rental from $530 to $1,920

Average Rent Value: $952 / month

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